Middle East Well Intervention Services Market 2019: Global Market Growth, Opportunities, Analysis of Top Key Players and Forecast to 2026Well intervention involves operations carried out on the gas or oil well to extend its lifespan. Some of the operations performed in well intervention process include blowout recovery, deploying perforating guns under pressure, and milling inside casing. It provides easy access to subsea wells, restore deteriorating reservoir conditions, and pump chemicals at the bottom of a well. The elimination of well blockages, replacement of parts, and running production strings are few operations carried out to improve performance of the well.
Increasing E&P activities and new areas of unconventional resources are factors driving growth of the Middle East well intervention services market. However, issues associated with the environment and increased seismic activities obstruct the growth of the market.
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The Middle East well intervention services market is segmented based on service type, applications, and countries. Service types included in the report are logging & bottom hole survey, tubing/packer failure & repair, artificial lift, stimulation, and others. The market is further categorized based on applications into onshore and offshore. Geographically, the market is classified based on countries into Saudi Arabia, Iran, Iraq, Kuwait, UAE, and Qatar.
The prominent companies operating in the market are Weatherford International PLC, Halliburton Co., Schlumberger Ltd., Nabors Industries Limited, Baker Hughes Inc., Archer Limited, FMC Technologies, Expro International Group Holdings Ltd. and Aker Solutions ASA. They have adopted strategies, such as partnerships, joint ventures, collaborations, agreements, and others to gain stronghold of the market.
KEY BENEFITS FOR STAKEHOLDERS:
• The report offers an extensive analysis of key driving and restraining factors of the Middle East well intervention services market.
• This report offers an in-depth quantitative analysis of the current market and estimations through 2015 and 2020, which assists in identifying the prevailing market opportunities.
• Geographically, the Middle East well intervention services market is segmented into Saudi Arabia, Iran, Iraq, Kuwait, UAE, and Qatar.
MIDDLE EAST WELL INTERVENTION MARKET KEY SEGMENTS:
The Middle East Well Intervention Services Market By Service Type
• Logging & Bottom Hole Survey
• Tubing/Packer Failure & Repair
• Artificial Lift
The Middle East Well Intervention Services Market By Application
KEY MARKET PLAYERS:
• Weatherford International PLC
• Schlumberger Ltd.
• Baker Hughes Inc.
• Halliburton Co.
• Nabors Industries Limited
• Archer Limited
• FMC Technologies
• Expro International Group Holdings Ltd.
• Aker Solutions ASA
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